Our UNIQ Blog
Welcome to our blog! We will try and keep you up-to-date on news and regulations happening in the benefits world and share insights we think you can use and apply to your business. Subscribe below to stay abreast on things happening at UNIQ!
Report: Accommodations for Disabled Employees Are Inexpensive
The Americans with Disabilities Act, now more than 30 years old, requires employers to make reasonable accommodations for employees with disabilities. Many employers may be concerned about the cost of making those accommodations. However, a recent government study...
Employers Expect Higher Premiums, Little to No Cost-Shifting
Employers who were surveyed for a new report expected that group health insurance premiums would increase 5.4% this year and at a faster clip in 2024 as inflation hits medical costs. Employers said they are looking to manage growing group benefit costs without...
More Insurers Pushing Virtual Care for Cost Savings
More and more insurers are expanding the use of telemedicine, just as a new study shows promising cost savings of up to 25% from virtual care when implemented properly. The latest insurer to announce an expansion of its telemedicine offerings is UnitedHealthcare,...
ACA Employer Mandate Penalties on the Rise
The penalties for not offering health insurance to your employees if you have 50 or more full-time or full-time equivalent employees in violation of the Affordable Care Act are set to rise again next year. The IRS has increased the fines for employers that fail to...
Insulin Makers Cap Prices for Insured Individuals
Three drugmakers, which account for roughly 90% of the insulin in the U.S. market, in March 2023 announced that they will cap the cost of insulin for people with private insurance plans. That includes those on employer-sponsored group health plans and plans purchased...
New Anti-Obesity Drugs Put Employers in a Quandary
A surge in demand for pricey, new and highly effective anti-obesity medications could put a financial strain on employers who sponsor their employees' health plans. Employers have long offered coverage for certain weight loss tools, such as bariatric surgery if...
Better Benefits is Our Mission
Try something different…be UNIQ!!